Education finance a formidable challenge

Daily Monitor, 14th Dec, 2009 by Steven Tendo

Lack of finance is the leading cause of drop outs from institutions of higher learning. Every year, hundreds of students fall out due to failure to raise tuition fees, which has prompted government to embark on an education finance scheme to assuage the problem.

Despite having several doubters, the officialdom is determined to facilitate the education of needy students beginning next year.

Last September, Education Minister Namirembe Bitamazire announced that government has earmarked Shs250 million as seed money to kick-start a loan scheme for university students. “Demand (for the programme) has been on board for some years,” she said. “Now we will be in a position to help students to access funds.”

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